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Aluminum Ore Mining in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Aluminum Ore Mining Market Research Report | Sep 2016

IBISWorld’s Aluminum Ore Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
10.0%
Annual Growth 16-21
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Profit
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Employment
19,788
Businesses
67
Industry Analysis & Industry Trends

Over the past five years, revenue for the Aluminum Ore Mining industry in China has been increasing at an annualized rate of 10.0% to $5.1 billion. Fluctuations in the global aluminum market are reflected in this industry. With the recovery from recession in the global economy in 2010 and 2011, aluminum and bauxite prices increased again. Then in recent years, the slowdown of downstream industries in China has limited revenue growth. However, China is still the largest aluminum production country and consumption country, which has been stimulating demand for aluminum ore. In 2016, revenue is set to grow 5.5%.

China is relatively poor in bauxite ore reserves and resources. The country's total bauxite ore exploration accounts for less than 10.0% of the global total.... purchase to read more

Industry Report - Starting a New Business Chapter

The barriers to entry to the Aluminum Ore Mining industry are high. As in other mining sectors, this industry requires access to large amounts of capital. In addition, bauxite production is often part of a vertically integrated operation that also covers the manufacture of alumina and aluminum.

Enterprises in the industry must apply for a license to carry out mining activities and comply with environmental legislation and regulations dealing with the application, handling and recycling of hazardous materials. They need to adopt effective measures to preserve the surrounding ecological environment and restore the environment at the completion of the mining.

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Industry ProductsRelated ReportsTable of Contents

What is the Aluminum Ore Mining Industry?

The Aluminum Ore Mining industry in China consists of enterprises that mine bauxite, the principal ore of aluminum, and process raw materials such as washing and ore dressing. More than 90.0% of bauxite is further processed into alumina, with the remainder used as refractory materials, abrasive materials and raw materials for high-alumina cement. There are four main bauxite types: karst accumulation bauxite, lateritic bauxite, sedimentary bauxite and aluminum concentrate.

Industry Products
Aluminum ore and concentrate
 
Industry Activities
Bauxite miningBauxite washing and dressing


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